Last quarter Chinese-funded overseas mergers and acquisitions reduced 50% energy Mine real estate TMT top three

At the beginning of the new Year, China's 2014 foreign investment and mergers and acquisitions of data statistics "fight". China's Ministry of Commerce, Reuters, the United States, such as the advisory and AEI, the statistical data between the various groups there is no small gap.

The difference in statistical standards is the cause of "data fights", such as China's Ministry of Commerce's data, though authoritative, does not include investment in offshore platforms of China's actual control agencies. And the general Overseas statistical Agency may find it difficult to clarify whether those transactions are eventually delivered.

The "Information black hole" is one of the obstacles preventing Chinese capital from speeding up cross-border mergers and acquisitions. So, 21 participating in China capital Cross-border investment mergers and acquisitions one-stop service supplier morning whistle group is trying to establish a more accurate data statistics System-it is the first time according to the acquisition project in five different stages ("Acquisition delivery", "mergers and acquisitions," merger announcements "," Mergers and Acquisitions "," merger rumours " To distinguish between data tracking. It is also trying to pierce the Veil and watch more and more of China's real investors using overseas platforms to sell.

Core Summary

2014 years of the Four Seasons Chinese enterprises have a total of 86 outbound mergers and acquisitions, disclosure of the total amount of 16.446 billion U.S. dollars, the chain reduction of 58.05%, related to less than one-sixth of the year.

Morning whistle researcher Ye

After China's overseas mergers and acquisitions peaked in the second quarter of 2014, Chinese-funded overseas mergers and acquisitions fell sharply in the fourth quarter.

According to the morning Whistle Research department's statistics, 2014 years of the Four Seasons Chinese enterprises have a total of 86 outbound mergers and acquisitions, disclosure of the total amount of 16.446 billion U.S. dollars, the chain reduction of 58.05%, related to less than one-sixth of the year. According to the morning Whistle Research department, the amount of the deal to complete the acquisition and acquisition contract was $9.928 billion and the remaining potential deals amounted to $6.518 billion. In the three quarter, a total of 116 outbound mergers and acquisitions, involving capital of 39.202 billion U.S. dollars, including the completion of mergers and acquisitions and contracts signed the transaction amount of 21.016 billion U.S. dollars, the remaining potential mergers and acquisitions amounted to 18.186 billion U.S. dollars.

Can mine real estate TMT ranked three

Energy minerals, real estate and TMT industries are among the top three in China's overseas mergers and acquisitions industry in the four quarter, according to the morning Whistle Research department. The real estate industry slipped to fifth place in the previous quarter and returned third in the four quarter. The TMT industry has ranked top three in all quarters of the year, with the energy and minerals industry among the top three in the three quarters, excluding the top three in the first quarter.

However, in the fourth quarter, the number of mergers and acquisitions, the amount of a sharp decline. Due to the decline in international oil prices in the second half of 2014, the Chinese companies have a certain concern about the value of overseas oil and gas assets, investment more cautious, resulting in the four-quarter energy and mineral industry mergers and acquisitions fell sharply. The real estate industry, although the number of mergers and acquisitions has decreased, but the amount of transactions has risen sharply. The financial capital, represented by the state insurance, has become a major feature of the acquisition of immovable property. TMT industry in the 2014 has been the Chinese enterprises outbound mergers and acquisitions of the hot industry. The fall in the quarter was mainly due to the concentration of large transactions in the previous quarter.

Chinese companies continue to focus on mature markets

The mature markets of North America and Western Europe are still the gathering place of Chinese foreign mergers and acquisitions. With the European and American economic recovery, investors in Europe and the United States market confidence has been strengthened. At this time, the majority of investors bought European companies at a low price to obtain European advanced technology, management experience and market coverage.

According to the morning Whistle Research department, the top three destinations for Chinese-funded overseas acquisitions in the four quarter were the United States, Peru and Australia. Chinese mergers and acquisitions in the United States are mainly concentrated in the real estate industry. Only one of China's acquisitions in Peru was a case of a 2.6 billion-dollar takeover of Brazilian energy Peru, which made Peru the second-largest because of its huge amount. The November Sino-Australian Free Trade Agreement concluded substantive negotiations, which gave birth to a wave of Chinese-funded companies to invest in dairy and pasture farming in Australia, making the agri-food industry a major acquisition in Australia in the four quarter.

Non-state-owned enterprises rapidly rising to sea

In the four quarters, the non state-owned enterprises represented by Fosun Group became the main force of the Chinese enterprises ' overseas mergers and acquisitions, and in 86 cases of outbound mergers and acquisitions monitored by the morning Whistle Research department, Non-state-owned enterprises carried out 64 cases, accounting for nearly 3/4 of the total number of cases. In the amount of mergers and acquisitions of state-owned enterprises and Non-state-owned enterprises are comparable, almost half, the Chinese enterprises overseas investors to the main state-owned enterprise to a variety of ownership of the pattern has been gradually formed. In addition, large transactions of more than $1 billion trillion have been sharply reduced, while small-and medium-scale transactions have risen sharply, partly because of the more active Chinese private companies are sailing.